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What would you do? I have 2 job offers.... Please advise me...

Discussion in 'BlackHat Lounge' started by neutralhatter, Mar 28, 2013.

  1. neutralhatter

    neutralhatter Jr. VIP Jr. VIP Premium Member

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    Job offer 1:
    I can be a senior developer at a very stable company. I'll be responsible for developing a tool that Will be used by 3000 people that work for the company. I know the technology. it's a 8 to 5 job. not to far from home. the pay actually really good and I'll be the first to set out with a new technology and will be coaching other developers in the future. I'm sure I'll be able to keep the job on the long term. I may have to swallow my pride and just accept orders and I don't know if I'll get along with those people. But offcourse since I'm the first setting out with a new technology... i'll probably will be building my own litle island in the company.

    Job offer 2:
    I can be R&D manager at a friends company. I've been helping him out for the last year in my spare hours so he know what I'm capable of. He has a hardware product and needs software for it. I'll be hiring other developers and guiding them. the location is also close to home, the pay is also very good (the same as job offer 1).... but there is a big risk. The company is just starting out (but he's been selling like crazy the last month and suspects that he will keep selling like that). If things don't go as expected I might loose the job and/or will have to travel very far every day just to do consulting as a last resort.

    Next to these 2 job offers I'm still in to IM and hope to get my own thing going on in the future....and I think that if I take "job offer 1", I may have some more time for my own IM stuff(and family)...But on the other hand if I help out my friend and things go well, my pay will probably grow exponentially (and also I'll be less bored at this job offer) What would you guys do? this is so frustrating ! I need some advice from someone who recognizes this situation.... Help !
     
  2. GiorgioB

    GiorgioB Supreme Member

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    I would drop both and just make a blog and sell clickbank products.. :D j/k.. go with your gut feeling.. if you think your buddy's project is the next big thing, then its worth tagging along. Only thing is from my experience, friends and work don't really mix (well, maybe I just don't have very serious friends)...
     
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  3. Demon Logic

    Demon Logic Registered Member

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    Hey

    Just my input, i once worked for a very very large company and got offered a job closer to home more pay but much much smaller company that was only going a few months and looked to be growing added with offers of pay rises be my own boss kind of, so i took the job and you can guess after a few months company hit hard times and closed i was out of work.

    My advice go for the more established company build your skills other offers will come along

    just to also say it took me a good while to get back in to a good job after that so choose wise and play safe until your sure the right job comes your way
     
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  4. panarasgr

    panarasgr Junior Member

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    I would go with the first one. IMO involving friends with work is not the best thing to do. Specially when it comes to a manager position.
    Cheers
     
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  5. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    The only incentive for you to get into the second offer is if you have a stake at the company. Without that, there 's no justification of the risk you take in comparison with offer one.

    Also "helping my friend" is not an argument for you and your family 's feature.
     
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  6. edgematch

    edgematch Elite Member

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    Always take risks. Go for job option 2.
     
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  7. layu89

    layu89 Newbie

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    Based on what you have written on both cases, I would think that Job offer 2 would be a better choice only if you feel that you do not have heavy financial commitments. Anyway i'm pretty sure that you would be more motivated performing Job offer 2 due to the larger earning potential as well as working with a friend!
     
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  8. ice41

    ice41 Power Member

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    Go for 1st offer, more established and job security for you and your family.
     
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  9. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    Go with what ever you will enjoy more.

    I'd go with number 2, that seems to have have much more potential from where I am sitting.

    There is no such thing as stable in this world climate.
     
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  10. bertbaby

    bertbaby Elite Member

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    If you are young and don't have many financial obligations take the risk. You can always go stable later. Also, which work would be more fun?
     
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  11. neutralhatter

    neutralhatter Jr. VIP Jr. VIP Premium Member

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    Untill last week I had a preference for 'job offer 1' because of the stability. But last week I had a discussion with both parties and at that time my preference went to 'job offer 2' because of the potential and I realised that I'm being treated as an employee at 'job offer 1' while waiting in the hallway while the IT manager was talking to some college students...(and I haven't been used to that for a while since I've been working with a small company the last years) Though I think jazzc brings a lot of clarity here.... I have no stake at the company of 'job offer 2'... the only one who's gonna be rich is my friend, and if the company fails I'll just lose my job...and maybe it's better to go for 'job offer 1' and work on IM on the (probably) extra time that I have. can anyone follow this reasoning?
     
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  12. sgbatu

    sgbatu Junior Member

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    I'll go for job #1 . First establish yourself there and build network/contact. After a few years you should be ready to stand on your own 2 feet.
     
  13. neutralhatter

    neutralhatter Jr. VIP Jr. VIP Premium Member

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    I asked the owner of 'job offer 2' if I can buy some percentage of the company of him... that way I will have stake in the company.... What do you think jazzc ?
     
  14. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    Which 1 can compliment your IM career?

    i.e what can you learn from job 1 vs job 2 that you can use to help move forward with your IM career.
     
  15. BackY

    BackY Senior Member

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    1st one!
    It's not a very good idea to mix friendship(feelings) with business. In the big company, you will be more stable, will meet tons of new people and connections and also you probably won't have to work extra hours. Also, your portfolio will be build as you r working for a good company, and other offers may come along soon. At the end of the day, you are the one to decide!
     
  16. switch_2012

    switch_2012 Power Member

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    I'd go with the first one - Just dont mix your mates with work
     
  17. virtualc08

    virtualc08 Supreme Member

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    I would do that. Or if he is unwilling to give you a stake in the company ask him for a salary base don the revenue. For eg : 5% of the revenue will be your salary. That way when the company grows you will also get a good salary and your friend should be more comfortable with this option compared to giving you a stake in the company.

    But like Jazzc said, try to get a stake in the company and after that give him the revenue sharing model. Dont take decisions based on emotions. When you are talking business, you have to forget all the emotions.

    Let us know what happened. All the best!
     
  18. mak111

    mak111 Jr. VIP Jr. VIP Premium Member

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    In addition to what Jazzc said, which could make you quite wealthy if the company succeeds. Do you believe in your friends company?
     
  19. neutralhatter

    neutralhatter Jr. VIP Jr. VIP Premium Member

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    Job offer 1 will give me more time on IM, but job offer 2 will help me to learn more..

    I just saw the contract of job offer 2 and it says that I can't deliver services to others in my own time and everything I invent will automatically become their property...
    This will have to change together with the possibility to buy some percentage of the company...
    Otherwise I'm going to job offer 1....
     
  20. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    I was not referring to you buying your stakes at the company. :eek:

    Your stake depends on how important your role will be in the company. For example, a non founder and not-too-critical CTO, would probably get 1-4% equity on a mid-stage start up, but it 's all case dependent. Are you going to be a really critical asset to making the company go big? If so, you can command a lot more.

    How many rounds of funding has the company done? If none, that 1-4% will be diluted to nothingness (after all the funding rounds) when the time comes for the company to be sold for the big bucks. Then again, that 1-4% is not bad if you can have it "undiluted". 2% on a 50 mil sale is 1 mil. ;)
     
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